On today's episode Brian Becker and Prof. Richard Wolff  discuss how FTX, which was among the largest cryptocurrency exchanges in  the world, has collapsed in one of the most spectacular corporate  bankruptcies ever. In other tech-related industries too, mass layoffs  continue to gather pace. The boom-bust cycle of capitalism is once again  on full display.

Professor Richard Wolff is an author &  co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram.  We rely on the generous support of our listeners to keep bringing you  consistent, high-quality shows. All Patreon donors of $5 a month or more  are invited to join the monthly Q&A seminar with Brian.